Latest Market News
Oil Prices Hit Lowest Level Since 2021 as OPEC Slashes Demand Forecast
Crude oil prices have plummeted to their lowest levels since December 2021, with a sharp sell-off driven by OPEC's decision to cut its demand growth forecast for the...
ONGC Proposes ₹1 Lakh-Crore Refinery and Petrochemical Complex in Prayagraj
The Oil and Natural Gas Corporation (ONGC) has announced plans to invest ₹1 lakh crore in a refinery-cum-petrochemical complex in Prayagraj, Uttar Pradesh. The proposed project, with a...
Oil Prices Plummet Amid Libya's Potential Supply Resumption and Global Demand Concerns
Oil prices have plunged to their lowest levels since mid-December, driven by a combination of factors that have rattled the market. Brent crude fell by 4.9% to $73.75...
Polymer Price Updates for September 1, 2024
Reliance Industries Price Update HDPE prices have decreased by ₹1,000/MT. LLDPE and LDPE prices have been rolled over. Polypropylene (PP) prices have been reduced by ₹2,000/MT. DE prices...
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Crude Oil Prices Decline Amid Ceasefire Hopes and Demand Concerns
Crude oil prices have experienced a decline for the second consecutive day, driven by easing supply concerns and ongoing ceasefire negotiations in West Asia. October Brent oil futures...
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Oil Prices Surge for Fifth Straight Session Amid Middle East Tensions and Positive U.S. Data
Oil prices extended their rally for the fifth consecutive session on Monday, driven by escalating tensions in the Middle East and positive economic signals from the United States....
Polymer Price Adjustments and Discount Schemes Announced for August 2024
GAIL GAIL has announced an additional CIS-linked post-sale discount scheme for polyethylene (PE) for August 2024 based on CIS lifting: ≥ 100% of MCQ: Discount X ≥ 115%...
Domestic Polymer producer company announce Special Incentive Schemes for July and August 2024
Mangalore Refinery and Petrochemicals Limited (MRPL) has announced a Special Incentive Scheme for the month of July 2024, linked to the CQI of Polypropylene (PP). The incentive amounts...
Crude Oil Prices Plummet Amid Weak Economic Data and Geopolitical Tensions
Crude oil prices have experienced significant declines recently, with WTI Crude trading at an eight-week low and Brent prices at a 29-week low. This sharp drop follows four...
Domestic polymer producer announce Polymer Price Revisions Effective from 1st August 2024
RIL (Reliance Industries Limited) Price Revision: RIL has announced significant revisions to its polymer prices, effective from 1st August 2024. The updates are as follows: PET Grades Prices...
